FairRentWize

Champaign-Urbana vs Rapid City

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Champaign-Urbana is 9% cheaper for renters. A 2-bedroom rents for $764/mo vs $835/mo in Rapid City — saving $852/year.

Rent by Unit Size

Unit SizeChampaign-UrbanaRapid CityDifference
Studio$503$574$71
1 Bedroom$642$702$60
2 Bedrooms$764$835$71
3 Bedrooms$1,017$1,106$89
4 Bedrooms$1,103$1,277$174
Median Income$49,808$44,904$4,904

Champaign-Urbana

Studio
$503/mo
1 BR
$642/mo
2 BR
$764/mo
3 BR
$1,017/mo
4 BR
$1,103/mo
Median Income
$49,808/yr
Full Champaign-Urbana profile →

Rapid City

Studio
$574/mo
1 BR
$702/mo
2 BR
$835/mo
3 BR
$1,106/mo
4 BR
$1,277/mo
Median Income
$44,904/yr
Full Rapid City profile →

Frequently Asked Questions

Is Champaign-Urbana or Rapid City cheaper to rent in?
Champaign-Urbana is cheaper — a 2-bedroom Fair Market Rent is $764/mo vs $835/mo in Rapid City. That's $71/mo or $852/year more expensive in Rapid City (9% higher).
What is the 2-bedroom rent in Champaign-Urbana vs Rapid City?
The HUD Fair Market Rent for a 2-bedroom in Champaign-Urbana is $764/month. In Rapid City, a 2-bedroom FMR is $835/month.
How do incomes compare between Champaign-Urbana and Rapid City?
The median household income in Champaign-Urbana is $49,808/year. In Rapid City it is $44,904/year. Champaign-Urbana has the higher median income.
What is the studio rent in Champaign-Urbana vs Rapid City?
A studio apartment Fair Market Rent in Champaign-Urbana is $503/mo. In Rapid City it is $574/mo.